Tag Archives: Apple

Your Daily Dose of Financial News

BY: Michael D. Reif | February 14, 2019

CBS isn’t the only large company with insider trading worries. In complaints made public yesterday, the SEC has accused Gene Levoff, Apple’s former senior director of corporate law and corporate secretary, of “repeatedly” trading on inside information between 2011 and 2016. Levoff, incidentally, oversaw the company’s insider-trading policy – NYTimes and WSJ and Bloomberg and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 4, 2019

All of that SuperBowling seems to have put activist investor Starboard in the mood for some pizza—specifically, former NFL-partner Papa John’s, which has struggled in the wake of the removal of its founder and namesake John Schnatter – WSJ Goldman Sachs has begun hinting that fallout from its role in the Malaysian 1MDB scandal may … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 30, 2019

Though expected after its earlier move to cut its revenue forecast, Apple’s official quarterly profits reporting yesterday still disappointed, as the company posted its “first holiday-quarter drop in both revenue and profit in over a decade” – WSJ and NYTimes and Bloomberg and MarketWatch That and news of a major FaceTime bugs that lets users … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 7, 2019

Aaaaaand, we’re back.  Hope all enjoyed a great holiday. The financial world has been busy—and generally not in a great way—since we’ve been gone.  Luckily, we’re returning on something of a rare high note after a stronger-than-expected December jobs report and some reassurance from Fed Chair Powell – NYTimes and WSJ and Marketplace Last week’s … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | December 13, 2018

PM May will live to fight another day after surviving Wednesday’s no-confidence vote. But her prospects of getting the controversial Brexit plan through the UK parliament are still poor, at best – NYTimes and WSJ and Bloomberg and Law360 Even as trade negotiators from the US and China continue their slow work of roughing out … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 3, 2018

Jobs report Friday!  Here’s what to have in mind while you’re reviewing the numbers – Bloomberg and NYTimes and WSJ and MarketWatch Apple officially hit the stupefying $1 trillion market cap mark yesterday, as its shares rose 3% just days after the company announced a “remarkably profitable” quarter – NYTimes and WSJ and Bloomberg and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 28, 2018

The DOJ has given Disney its official nod in its $71 billion bid for the entertainment assets of 21st Century Fox, contingent on Disney’s divestiture of Fox’s 22 regional sports networks (a condition all about Disney’s ESPN ownership) – NYTimes and WSJ and Bloomberg and Law360 Big bank stress test results drop today.  Here are … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 25, 2018

Europe’s much-ballyhooed (and feared) General Data Protection Regulation (“GDPR”) officially goes into effect today.  Here’s a look at the mad dash across all sectors (and outside of the EU) to comply – WSJ and Law360 and NYTimes and Marketplace Apple is for now eschewing plans to build its own electric self-driving car and instead partnering … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 31, 2018

Even as JPMorgan has set the playing field for his successor (Daniel Pinto v. Gordon Smith, FYI), head honcho Jamie Dimon is making it clear that he’s not about to go anywhere anytime soon – WSJ and NYTimes Speaking of Uncle Jamie, how would you feel about trusting him and Warren and Jeff with your … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 18, 2018

The Dow closed above 26k yesterday for the first time on what some are dubbing the FOMO rally or the “melt-up” market – WSJ and Bloomberg Apple’s reportedly looking to capitalize on a one-time repatriation tax of 15.5% (nearly 20% less than under the prior system) tucked into the new tax code in order to … Continue reading